TINNA RUBBER (India) Probability of Target Price Finishing Over Current Price

    TINNARUBR -- India Stock  

    INR 39.85  6.10  13.28%

    TINNA RUBBER probability of target price tool provides mechanism to make assumptions about upside and downside potential of TINNA RUBBER AND INFRASTRUCTUR performance during a given time horizon utilizing its historical volatility. Please specify TINNA RUBBER time horizon, a valid symbol (red box) and a target price (blue box) you would like TINNA RUBBER odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    TINNA RUBBER Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     39.85 30 days 39.85  ABOUT 86.91%
    Based on normal probability distribution, the odds of TINNA RUBBER to move above current price in 30 days from now is about 86.91% (This TINNA RUBBER AND INFRASTRUCTUR probability density function shows the probability of TINNA RUBBER Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TINNA RUBBER AND INFRASTRUCTUR has beta of -1.02 . This entails Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. TINNA RUBBER AND is significantly underperforming DOW.
     TINNA RUBBER Price Density 
          Price 
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=1.02
    σ
    Overall volatility
    =2.24
    Ir
    Information ratio =0.08

    TINNA RUBBER Alerts and Suggestions

    TINNA RUBBER AND is not yet fully synchronised with the market data
    TINNA RUBBER AND has high likelihood to experience some financial distress in the next 2 years
    The company has accumulated 87.38M in total debt with debt to equity ratio (D/E) of 22.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TINNA RUBBER AND has Current Ratio of 0.87 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
    The entity reported revenue of 1000M. Net Loss for the year was (50.34M) with profit before overhead, payroll, taxes, and interest of 539.4M.

    TINNA RUBBERPrice Density Drivers

    Float Shares986.57k
    Average Daily Volume Last 10 Day7
    Average Daily Volume In Three Month501
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